Loans · Finance

Credit-Vulnerable Small Business Fund (Direct Loan for Mid-to-Low Credit, 신용취약소상공인자금): How to Apply, Amount & Eligibility (2026)

Up to KRW 30,000,000 · base rate + 1.6%p (3rd quarter 2026: 5.45% per year) · 5 years (including a 2-year grace period)

This page is a translation of the Korean original and is for reference only. The official Korean guidance is the authoritative source for amounts and conditions, so be sure to confirm on the official website before applying. View Korean original (한국어)

Benefit: SEMAS direct loan exclusively for small business owners with mid-to-low credit (NCB score 839 or below). Prior completion of the credit management course at the Small Business Knowledge Academy (소상공인지식배움터, edu.sbiz.or.kr) is required. One year after the loan, if the credit score rises by 70 points or more or recovers to 840 or above, you can apply for a 0.5%p interest rate reduction. 2026 scale: KRW 700 billion (amended notice).
Who is eligible: Small business owners with mid-to-low credit (NCB score 839 or below, NICE score applied at the time of application) who have completed the credit management course
When to apply: Designated application days (2 days) per round, then selected by priority evaluation → loan review · check the website for later rounds
How to apply: Apply on the Small Business Policy Fund website (ols.semas.or.kr); course at edu.sbiz.or.kr · SEMAS regional center · 1533-0100
Important notes: If not selected after a round closes, reapply in the next round. The limit is KRW 30,000,000 combined with similar funds from 2023-2026.
Note: From April 2026, instead of first-come-first-served, a 'policy priority evaluation' (credit rating, benefit history, non-Seoul-metropolitan area, years in business) is used, with fixed 2-day application periods (4.20-21, 6.15-16, etc.). The limit is combined with balances of similar past funds.

Go to the official guide →

Based on official sources as of 2026년 10월. Amounts and requirements may change, so please confirm with the official guide before applying.

Frequently asked questions

Credit-Vulnerable Small Business Fund (Direct Loan for Mid-to-Low Credit, 신용취약소상공인자금): who can receive it?

Small business owners with mid-to-low credit (NCB score 839 or below, NICE score applied at the time of application) who have completed the credit management course

Credit-Vulnerable Small Business Fund (Direct Loan for Mid-to-Low Credit, 신용취약소상공인자금): how do I apply?

Apply on the Small Business Policy Fund website (ols.semas.or.kr); course at edu.sbiz.or.kr · SEMAS regional center · 1533-0100

Credit-Vulnerable Small Business Fund (Direct Loan for Mid-to-Low Credit, 신용취약소상공인자금): how much will I receive?

SEMAS direct loan exclusively for small business owners with mid-to-low credit (NCB score 839 or below). Prior completion of the credit management course at the Small Business Knowledge Academy (소상공인지식배움터, edu.sbiz.or.kr) is required. One year after the loan, if the credit score rises by 70 points or more or recovers to 840 or above, you can apply for a 0.5%p interest rate reduction. 2026 scale: KRW 700 billion (amended notice).

Credit-Vulnerable Small Business Fund (Direct Loan for Mid-to-Low Credit, 신용취약소상공인자금): when can I apply?

Designated application days (2 days) per round, then selected by priority evaluation → loan review · check the website for later rounds